I had a judment for garnishment a couple of years back, I don't remeber what year, but I'm scared to open up a bank account cause i know they can attack that, but what about if i load money into a prepaid card with my info on it (name,social)?
2007-08-04 14:34:55 · 3 answers · asked by Matty 1 in Business & Finance ➔ Credit
No, I'm not a thief, i tried to grt information on the debt but don't know how to go about it, i was young and stupid, wasn't even 18 yet and received a credit card, then I got a letter years later, i dont know what to, just wanted to know how can i get the info to pay this off and can they garnish your pay from a prepaid card. And I'm not a thief, Irresponsible at the time!!!
2007-08-04 14:49:52 · update #1
Why would you attach your SSN to a prepaid card? Just wondering. Btw, you can probably settle this debt for pennies on the dollar. See Dave Ramsey's website/book/FPU class for tips on doing this.
Best wishes.
2007-08-04 14:56:50 · answer #1 · answered by Tom's Mom 4 · 1⤊ 1⤋
If the creditor already has a judgment, they could garnish your pay. The garnishment goes to your employer who withholds the money (usually 25%) just like they do taxes.
2007-08-04 15:53:51 · answer #2 · answered by bdancer222 7 · 1⤊ 0⤋
You should be able to get contact information if it's on your credit report. If you are able to contact them and get a settlement for the debt be sure you get the offer in writing and do not give them electronic access to your checking accounts.
2007-08-08 14:22:01 · answer #3 · answered by Jen G 5 · 0⤊ 0⤋